The Global Coiled Tubing Market in Oil and Gas Industry has been growing at a high rate on account of the shale revolution in the nations. However, Steep decline in the Oil reserves in established fields has created an unstable environment for the oil field services and related industries but the fluctuation in the crude oil prices has proved to be the major growth driver for this industry. Prospective acceleration in recoverable resources alongside increased exploration & production expenditure, increasing shale gas ventures alongside expansion in Oil and Gas ventures would relatively deescalate the impact of the Steep decline in the Oil reserves in established fields.

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Rapid rise in demand for energy and increased modernization of aged thermal plants is expected to bolster the demand for turbine gearbox for thermal power market. Rise in demand for energy is attributed to the increase in the population worldwide. The increase in the demand for thermal power is likely to increase the demand for thermal power equipment as well. Additionally, easy availability of coal reserves and natural gas is anticipated to fuel...

Smart grid is an electricity grid that is used to deliver electricity using two way technology to enable communication between consumers and utility. Smart grid manages electricity demand in a reliable, efficient and sustainable manner. A smart grid involves a network of sub-stations, transformers, and electric lines that help in delivering electricity from power plant to business offices and homes. In a similar way as the internet, a smart gri...

Desalter is a part of processing unit in an oil refinery. It is the first unit where raw crude is processed before processing it into crude distillation unit. Salts in crude are generally contained in residual water suspended in oil phase. Desalter is used to remove salt, water, sediment and suspended solids. These impurities are removed from the crude in order to prevent corrosion to other units, to avoid fouling and coking, to avoid high energy...